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GnosisDAO releases proposal to "Allow GNO holders to redeem treasury shares"
Mars Finance News, on May 8th, the GnosisDAO community released a proposal titled “Allow GNO Holders to Redeem Proportional Shares of the Treasury.” The proposal aims to enable GNO holders to exchange their tokens for shares in the GnosisDAO treasury, allocated proportionally. Non-participants will retain their GNO and continue to enjoy all economic rights brought by the ongoing operation of the DAO, with liquidity and semi-liquid treasury assets distributed based on net asset value. Non-liquid off-chain investments and corporate value are handled through the synthetic gLTD-CLAIM token, which grants participants a fixed proportion of future dividends from the asset pool after their capital deployment by the DAO exceeds the principal recovery threshold. Redeemed GNO will be burned, permanently reducing the effective circulating supply. As of press time, the proposal has a rejection rate of 64.81%.